advisable to take profit.Very strong possibility gold will have sharp pullback hence will tin

timah persero up again 95 cts yet msc still is not moving.watch out though.

RWG,PN best?Surely you cannot be so naive as there are tons of shits to be unearthed so that she can be clean !

Thank you,Eigato.

Is there a link where I could see the chart for taurx?

https://www.theedgemarkets.com/article/macaus-casino-operators-get-new-licences-genting-loses-out

In my opinion,it's not a matter of holding power.It's precisely too much holding power that kills cause our market is a ferocious bear.You must have a technical cut loss point level unless you are able to endure heavy paper losses.How much is really subjective as it depends on your entry level.The Ukraine crisis reveals potentially many many years of bad times ahead.It's not as simple as it looks.

https://www.theedgemarkets.com/article/hengyuan-refining-proposes-rm5b-unrated-mediumterm-notes

It has been a norm for i3investors to welcome comments from others who share the same opinion which is very dangerous cause thinkingcap will be be turned off.In my opinion ,syndicates never fear you made profits just worried that you would not participate in their game plan,for all you know one of them is looking at the daily comments for them to gauge.Hence you must always be critical and conclude yourself based on others' input (discard nonsense sprouts) and do own analysis in order to protect your capital/profits.Market always move ahead and not to mind tunnel to solely on profits though it's a catalyst for price movement.There is no way we can be certain of the price movement,one could only guess the likely probability from the chart formation,therefore manage one's risk accordingly to risk appetite.Be wary when there are many written articles all over !Hope it gives some insight to newbies.

Sure as long as you are comfortable,good for you.Risk appetite differs from one another.No one knows the route it takes,only the syndicate knows what he wants to do.

I think the possibility is high to close all gaps if it breaks 3.65 cause this will be the 4 th time it breaks that level.Again I could be dead wrong on this,hopefully I am wrong on this uncomfortable feeling.

sorry I meant allow interstate travel

One need to be objective and not too brain-tunnelled to just profits and high crack spreads to justify the reasons it should go up.Sometimes there are reasons unknown to us why it drops.The fact recent extremely good results and almost all time high crack spread did not push the price up but down instead made me very uncomfortable holding this stock.Our market is extremely bearish for many counters that normally all up gaps will close but not down gaps.The low in March 2020 is 2.20 closed the up gap on 19th Jan 2017as the low on 19th Jan 2017 was 2.54 whereas the high was 2.53 on 18th Jan 2017.Can you imagine it not only closed the gap on 19th Jan 2017,it went to hit almost the low achieved on 6th Jan which is 2.19.The 76.4 and 61.8 retracement from 7.33 of the low 2.2 are 3.41 and 4.15 respectively.Calculation of 61.8 of 4.15 and and 3.41 is 3.69 and it had hit 3.65 before it rebounded then again 3.67 then recently 3.70 despite the catalyst for upward thrust were there.If I look at the balance sheet the net gearing excluding debtors is 2.7 billion of a capital paid up of 300 million is extremely high.In addition account receivable and payable is also very high.There are three up gaps namely nov 10th at 2.75 a day high was 2.73,3.1 on 20th nov 3.1 a day before 2.99 and 27 th nov 3.64 a day before 3.55. A million dollar question now ponders in my mind,will all these up gaps closed?The government has also announced the ban of interstate travels even for unvaccinated citizens,why did it choose go down instead of up?The mthly chart shows,it has broken the center bollinger band for many mths and it's still far from the lower band.However it's now resting on the lower band of the weekly chart.It's best not too gung ho and be objective and look at price action.In my opinion the syndicate seems able to manipulate the price without much resistance either up/down.This is not to advise to buy/sell.We all do not know which route it will take and this rest entirely to your risk appetite.

According to the annual report,slightly above 10% of crude oil is imported from Russia.With the current Ukranian crisis,that could be the negative implication despite oil crack rises to near recent high again.

The oil spread shot up today at 14.981. Looks very obvious to me the syndicate intentionally pushing down the price these few days.

I do find i3 forum is no longer a place to look for a constructive discussion.It'a a place more for people to seek and hope people have the same view with them.It's often a place for personal attacks!Sad case!

I have no position in DNEX neither have I traded in this stock for long long time.If I interpret the chart correctly,the mthly chart formation looks toppish unless it has a rapid rise beyond $1.10 level.Looking at the daily volume these past few days,it looks to be more likely distribution by the syndicate.I could be dead wrong.

In my opinion,it's dangerous to keep justifying fundamentals when a sector has a steep rally.I don't have huge appetite for high risk.It's advisable to sell on possible rally next week since the sector is technically oversold and almost reaching the mthly chart's 20 ema/center bollinger band around the 79 level happens to be 38.2 percent between 23.6 and 38.2 percent retracement from the low of 23 to 101.Just my opinion,I could be dead wrong.

Many retailers went into the stockmarket thinking they can get better returns than FD.Ultimately mostly made poorer caused they are conned by the market!

daily rsi 12.396 at 9.04! At 9.02 ,it's 12! Wonder why the selling is still so strong at grossly oversold daily rsi.Will it still drop to around 8.9 level? Really a million dollar question! Looking at the KLCI,it's unlikely to reach a bottom yet

Do you really believe America's statement that using HUawei's 5G technology is a way China is spying on you?Getting her allies to abstain using 5G is not a political agenda in nature?Pls read between the lines and don't trust what the media writes nowadays! The evils in them is so good that you could thank them despite stabbing you at the back!

dickyme,caring about employee needs and the word force labour is completely different meaning.force means doing against your will! if you think your employer is exploiting you,have guts to leave for another one who does!Complaining but still want to work is entirely different thing!

I am shocked to read articles about forced labour in M'sia in this modern world! How can they be forced?Are you certain it's not politically motivated ?The powerful are using media as well as gullible people to fullfill their agenda just like America using Joshua to lead in the demonstrations against the HK government!

Ask yourself or do a research how many high flyer second/third liners during these 20-30 yrs are still listed today?If you have been an investor/trader for such long time,you will realise it's only a handful!Many if still listed, have gone thru restructuring or a fraction of the price it used to be!Really very very few still maintain or go higher than it used to be.You must remember that sometimes price rise is not due to fundamentals but rather syndicates trying to push up to liquidate!Generally,people won't buy the stock no matter how fundamentally cheap the stock is.They will buy when there is a rise in price.Recently look at how many pump and dump stocks like G3,Mtouche,mmag,AIM etc. Remember how G3 swung up till the syndicates had almost liquidated and the price just slumped! Don't just read people's articles blindly,always question and doubt.Never fall in love with the stocks,learn to use chart to help you when you should stop trading the stock especially so when the formation looks toppish.If it continues to go higher,let others make the rest otherwise very likely the syndicate will make you vomit all the gains you have made from that stock and even more!

Just be very wary of counter that has high account receivables and payables and extremely high debts to paid-up capital.Good profits consistently could be insidious jobs of frauds.I learned that from the experience of megan media many yrs ago.If you so decide to play along,sell the minute it starts to default or drops on high volume.Many a times,investors are blinded by the consistently good profits for many good yrs so turn a blind eye to it's debts.The fact,a well known auditor resigns and they start to sue KPMG,it already has raised red flags to warnings of this counter.

Before the ann on building 18 billion petrochem complex in Indonesia,I was still willing to take a bet on this counter as it has net cash of $3 billion i.e cash excluding debtors minus all short/long term liabilities even though the recent drop in profit.However I am not willing to take that risk as they are going to build that complex in 2022 which means it will turn net gearing of abt 15 billion.Once your debts rise to that level,it's very very vulnerable to any crisis as there is large swings in commodities prices and the huge debts in America in which the world is very vulnerable to another major currency crisis .That's my opinion only.Fundamentals can change overnight.

Creating vol yesterday and today.Big push coming

looking at the balance sheet ,one must exercise caution.There is no smoke without fire.

In my opinion,Wtk is actually very very cheap! Hardly any gearing and it has timber concessionaire larger than Taan!

gold futures should be heading towards 1900 since its crossing the center bollinger band of the wkly chart.

just ann conversion price is $1.00

What is the revised conversion price of the warrant?Thks

MMCcorp is trading at a very very cheap price.If management intends to list their ports,I think could easily go back to over $3.There is still a possibility of retesting the 79-81 level hence further add if it does.

I do agree with you,Trader8899 that alcom at this price is really very very attractive.The chart formation is there already and I am not surprise this counter will go back to 2017 high

Sadly this forum rarely see constructive comments nowadays but flooded with nonsensical talk and with personal attacks.However there are still valuable comments from some experienced investors.Pls keep continue with those good work done.For those who talk nonsense,when can you wake up to realise what you had done is not appropriate in this forum?

found it.$3.18 in bursa announcement for coastal warrant.expired in 2016

anybody still remembers the conversion price for it's warrant?Thanks

You are good in your technical analysis.Pls continue with your good work.

If he has not intention to take it private,why would he wants to increase his stake to 85% now?Making money from his counter has never been easy,you have to endure the pain no matter how cheap you buy.Hence don't buy too many in one go,buy it slowly.

I meant in a century

latest update by that technical chartist I referred above,he says as long as s&p holds above 2400,it will rally to 2800 by spring before another leg down to 2100-2200 then multiyr rally to 3200-4000 before a crash of a 8-10 yrs bear market that you only witness once in a decade.

As I see it,I would take profit on S&P at this level.

Trading derivative based on heresay or people/sifu's recommendation is asking for suicides.If you plan to look into those option,firstly understand how it works and have a trading plan otherwise you can lose faster and a lot more than stocks!

As I see it,it's likely that there will be a bounce at 2362 level for a few days.

For KLSE futures,you can google klse futures invest.com.choose interactive verses streaming.

net gearing is about 1.6 billion which about 1.7 times of paid-up capital but then a/r is slightly over a billion.Could someone defaulting to cause limit down ?

any news?

Please continue with what you had been doing,at least it might possibly gives some thinking caps for some who might save lots of money in this super bearish market.

According to one technical chartist whom I had been following,in his analysis,he said s&p will eventually hit 2100-2200 before a rally of a few yrs that will likely hit new high probably even beyond 3200 between 2022-2024 before a major top in place that will have bear market of at least 8-10 yrs.In my opinion 2100-2200 is not impossible as it was the high before the correction to 1800.As I have no in depth knowledge of elliot wave theory,I cannot gauge the possibility of the massive rally that follows then the super bear that follows according to him possibly more painful than the one in 2008/2009.Before the 2100-2200 level,there is a possible rally from 2450-2480 that will likely stalled at 2600-2630.In stockmarket,it's important to know the direction of the overall market analogy of the forest.If you just focus on stocks(trees),trees will eventually be burnt down if the forest is on fire!Technical analysis will allow you to gauge possible upside/downside so that you can manage your risk.In stockmarket,you can possibly lost all or even more than the gains you have accumulated thru the yrs no matter how much it was if you don't manage your risk!You can analyse the fundamental aspects of the counter till cows come home like hengyuan and petronm shareholders,ultimately when the price of the counters came down will leave many shareholders in puzzlement!If you examine the stock price of all the counters in Bursa,it is telling you the market is super bearish and it's not a normal correction that you have seen for the past few yrs.Again it's all up to you whether you want to open your mind to the possibilities.

Things you don't know nor understand ,doesn't mean it's rubbish.One should open his eyes and ears before valuable knowledge can be acquired.On the contrary,I do find his technical skills rather good.I used to trade more than 20 yrs ago for many yrs without using charts but I still look at the newspaper daily for vol and price/vol.I don't believe in charts either then till I open my mind to it.During the bear markets after 2000,I started to learn charts and I have never looked back.It's a tool for you to gauge the market upside/downside hence manage your risk.I still have lots to learn and still haven't acquire the knowledge of elliot wave. Am I talking rubbish?It's entirely your right to think so but it's your lost in my opinion to continue shutting your mind.